Greenshift Corporation (GERS)

[penn_e_pincher]

Market makers can create demand for other market makers if yesterday's close was 0.07 and the next morning NITE finds out new information at 8am and bids 0.20 while the others are still offering 0.07 from the day before. At that point the other MMs can call his bluff and start hitting his bid at the open to try and beat him back down or they can offer 0.21 and higher to move out of the way. At this point, retail and pro traders will see it on a top ten gainers list and may either like the price they see and hit the bid if they are ignorant to the info that NITE has, or they will wait and see, or they will buy more. The point is, if NITE has information that it is worth $0.50 and nobody else knows about it he's certainly AT LEAST not going to be offering $0.07. This is how gaps occur - with new information. Doesn't have to be much demand at all. Again, his bid may attract sellers that don't know any better and are happy to hit him at 0.20, but NITE may be an accumulator down to 0.15 because he knows it's worth 0.50. Look at charts of takeover targets where the takeover price is a known dollar amount. The chart gaps up and basically flatlines until the deal is closed. The exception would be if there is uncertainty priced into it - IE $10 stock with takeover offer at $20 that is 50% likely to go to completion due to regulatory uncertainty is bid at $15 instead of $20 due to the uncertainty.

As far as who is going to buy it, there are momo players and chartists and as I said before someone here has apparently posted this stock to a momo board:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=135753488&txt2find=Gers